Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.

Real interest rate (%)

19701990200020052010201120122013201420152016201720182019202020212022
Australia1.699.675.043.316.061.455.086.354.486.246.121.543.321.58
Brunei Darussalam-18.23-11.17-9.59-12.224.238.567.4828.0516.150.52-3.409.1418.36-8.63-15.08
China3.453.711.61-1.00-1.403.593.764.524.352.900.110.823.023.84-0.192.05
Fiji13.770.133.13-1.763.312.40-5.993.183.143.974.194.417.788.672.89
हांगकांग2.2613.116.374.721.061.413.132.091.313.312.061.333.004.334.293.24
Indonesia10.73-1.65-0.25-1.754.597.756.376.798.359.226.506.478.639.992.75-0.96
Japan3.452.913.553.172.181.66-0.46-0.950.621.07
Republic of Korea7.454.512.704.424.093.593.330.341.351.233.164.321.220.122.98
Lao People’s Democratic Republic5.7716.7512.29
मकाउ-0.4711.841.400.44-2.08-1.56-2.30-3.200.704.353.041.692.885.536.195.80
Malaysia9.764.80-1.09-2.67-2.11-0.473.754.472.073.312.830.804.284.804.80-2.14-2.38
Micronesia (Federated States of)14.1013.9811.1312.556.7214.9712.3022.1111.208.035.7712.1213.4810.88
Mongolia22.288.72-13.731.294.7315.1310.7718.8416.268.319.036.3912.751.39
Myanmar15.92-0.5912.978.9312.4811.1311.3511.3912.249.5610.1210.039.01
New Zealand4.795.653.023.546.011.325.374.272.611.20
Papua New Guinea10.933.93-0.640.481.8111.466.323.7410.095.710.64-0.667.516.08-3.75-6.46
Philippines9.884.814.043.162.643.613.632.406.344.313.232.296.35
Samoa7.1516.7310.975.617.679.085.336.708.437.777.327.398.952.51
Singapore2.551.903.344.234.164.865.845.632.214.862.341.735.468.17-3.25
Solomon Islands-12.014.52-1.3112.478.326.338.236.986.899.727.912.689.2412.173.97
Thailand8.176.42-0.350.241.283.223.223.463.981.792.472.683.044.631.33-1.51
Timor-Leste-0.475.70-3.6313.695.8713.8013.4614.9810.0041.16-30.10-0.32
Tonga5.5012.018.632.814.732.142.760.3412.559.90-0.60
Vanuatu7.328.894.108.394.376.766.556.798.57-3.23
Viet Nam6.91-6.55-20.50-3.674.036.094.798.995.052.593.615.166.094.904.00
Albania1.4415.589.467.979.899.749.516.327.277.414.704.394.965.392.48-3.06
Armenia33.4014.3210.6112.9211.2812.2213.7816.1817.0412.009.7310.969.644.553.46
Azerbaijan6.372.016.30-2.8915.0317.6919.3928.951.490.324.6917.5626.54-4.25-16.51
Belarus-41.23-6.40-1.86-33.60-31.83-1.750.541.785.590.95-3.070.41-2.54-4.52-0.72
Bosnia and Herzegovina3.226.394.886.487.285.594.363.852.560.970.803.01-1.58-7.52
Bulgaria3.691.9410.304.268.518.976.834.372.970.600.70-0.660.07-2.82-10.70
Croatia7.417.839.367.887.958.448.42
Czech Republic5.225.687.425.743.903.562.013.262.732.250.95-0.20-0.93-0.12-3.98
Georgia8.911.435.7414.3312.087.386.299.752.766.485.354.212.054.18
Hungary2.755.764.936.275.943.390.730.120.76-2.45-3.22-2.86-4.18-3.27-3.35
Iceland12.2811.363.664.464.725.903.461.475.846.264.212.391.68-1.03-1.21
Italy5.455.143.243.582.943.623.953.923.172.342.261.591.650.740.74-0.69
Kyrgyzstan23.0513.4112.441.0613.2017.5910.8119.5317.4312.6915.538.3611.100.541.73
North Macedonia7.278.485.677.993.836.235.353.433.702.104.702.221.51-1.91
Republic of Moldova5.069.07-12.715.775.588.055.582.3110.363.875.462.752.470.95-6.25
Montenegro7.747.808.389.377.178.296.572.733.253.204.076.090.99-5.98
Netherlands1.330.770.801.800.180.22
Norway1.753.946.494.74-1.03-3.583.815.35-14.92-19.38
Romania7.456.787.717.847.259.016.643.393.010.870.560.332.280.16-4.94
Russian Federation-9.63-7.21-2.96-12.860.183.943.407.899.484.95-1.035.325.83-9.92-3.75
San Marino5.423.905.763.264.535.703.261.682.282.063.043.38-3.19
Serbia-1.27-9.74-0.92
Sweden4.202.83
Switzerland2.412.742.622.783.374.003.253.011.852.743.361.380.15
Tajikistan12.579.738.068.2519.9818.8717.7524.2718.0724.1019.19
Ukraine11.00-6.381.931.559.6411.831.57-12.281.83-4.683.1310.693.62-9.22-11.70
United Kingdom-0.306.384.771.66-1.07-1.65-1.02-1.58-0.81
Uzbekistan3.761.722.964.22-3.10-5.484.929.786.946.94
Antigua and Barbuda8.8410.466.649.39-2.517.8910.638.156.8610.098.977.417.846.832.360.77
Argentina-8.57-7.77-6.75-5.49-11.60-1.31-7.010.464.5612.10-7.64-11.88-10.07
Barbados7.4111.662.344.694.989.375.657.8710.068.295.314.643.656.273.193.90
Belize-15.5514.3910.9111.488.0711.619.479.6510.277.586.249.019.219.347.941.08
Bolivia21.9727.9510.081.04-3.223.774.777.4913.319.431.934.839.169.633.912.51
Brazil48.5044.6429.1232.8326.5818.5022.4033.8340.7041.7133.1031.9021.2016.7328.74
Chile21.559.83-0.41-3.775.599.226.852.120.530.98-0.262.55
Colombia-5.10-11.149.365.374.548.668.918.448.799.038.137.157.478.251.551.29
Costa Rica11.8214.1710.309.8111.0512.8710.138.199.899.498.278.746.025.823.071.02
Dominica7.8013.7111.539.137.0411.225.329.261.734.4211.504.952.938.123.182.89
Dominican Republic18.2717.336.356.939.888.509.1812.1112.839.348.089.725.971.701.03
Grenada12.318.497.3910.0510.445.586.178.356.045.846.688.604.117.153.654.59
Guatemala13.156.977.806.119.789.9110.6110.7610.1211.1111.518.869.389.245.37
Guyana-15.1510.056.4210.1711.768.7214.1115.269.5411.9910.6716.367.3048.52-11.06-3.23
Haiti-39.1311.939.396.990.670.608.377.34-2.14-0.916.16-4.74-3.41-4.72
Honduras-6.3717.4410.7713.559.9714.3618.4512.8812.8315.1014.1115.5512.6911.8311.725.00
Jamaica4.3011.545.299.6912.9610.378.589.629.6811.307.848.679.518.313.79-1.23
Mexico5.633.600.87-0.720.132.52-0.780.21-1.250.722.703.971.430.821.37
Nicaragua-97.698.822.036.770.295.4110.194.754.156.556.398.036.705.505.860.29
Panama11.886.804.601.581.461.802.633.924.514.952.446.757.604.914.35
Paraguay14.2019.1324.3011.7111.7914.3117.8217.8513.3914.5113.4912.0511.093.75
Peru-31.4625.5721.2812.5511.1817.8216.9012.9913.0612.9912.7111.9912.288.682.337.87
Saint Kitts and Nevis3.5117.8811.858.043.589.578.487.919.637.843.859.259.7715.209.323.60
Saint Lucia2.6811.823.474.938.477.342.904.825.478.694.657.964.716.19-1.983.28
Saint Vincent and the Grenadines3.793.446.493.409.498.237.049.5210.119.776.556.835.908.938.123.60
Suriname-27.49-19.751.614.10-1.830.9111.5610.537.40-8.54-10.708.189.30-20.95-28.50-20.25
Bahamas3.745.030.465.925.971.444.931.05-0.533.262.503.900.266.753.206.57
Trinidad and Tobago-2.273.98-3.72-3.06-6.717.345.758.4918.539.810.736.2413.5810.75-9.79-11.03
Uruguay30.0942.5012.844.33-0.091.633.154.825.457.407.724.572.931.16-4.646.18
Venezuela (Bolivarian Republic of)-4.38-3.29-9.87-18.91-8.582.03-14.47-16.54
Algeria-10.33-7.00-6.99-8.650.508.108.3315.456.351.511.168.5113.72-6.55-11.12
Bahrain3.42-14.15-5.20-0.18-2.682.935.537.6715.89
Egypt1.078.926.520.82-0.56-6.263.290.411.546.92-8.76-2.362.204.894.370.14
Iran-3.47-3.35-16.80-6.69-18.853.8613.997.86
Iraq-16.52-1.92-8.4710.9113.5915.9060.8826.40
Israel2.573.221.123.053.532.671.672.240.95-1.59
Jordan12.265.490.882.653.992.705.366.176.666.496.257.768.254.714.65
Kuwait-9.67-11.72-5.11-10.29-2.304.3311.8340.8612.15-9.93-5.805.1920.97-17.88-12.71
Lebanon21.1620.6711.837.714.43-0.224.657.163.637.415.403.396.17
Libya-5.57-17.46-11.13-14.750.025.917.08
Malta19.353.501.393.582.502.37
Oman-12.01-6.19-12.40-18.86-8.082.217.913.4129.7115.46-2.00-5.808.3018.21-6.39
Qatar-18.300.27-10.81-0.894.316.5439.4914.30-2.87-6.619.9422.60-15.20-17.11
फिलिस्तीन7.27-6.061.303.991.682.6410.894.812.496.192.013.22-3.12
Yemen-3.08-0.450.185.8317.5711.79
Canada11.6810.362.781.26-0.24-0.241.761.241.043.671.970.13
United States of America2.256.046.812.962.021.151.351.471.352.242.482.162.443.432.21-1.19
Afghanistan11.36-1.247.179.7814.3512.2517.5812.14
Bangladesh7.809.005.764.745.065.345.996.895.51-13.644.283.635.694.293.081.97
Bhutan8.288.068.127.625.064.417.716.6410.959.362.7912.7010.568.285.927.76
India5.278.344.86-1.981.322.473.876.707.566.235.335.366.894.200.150.32
Maldives7.343.226.85-2.163.324.126.943.5210.527.847.1613.0015.498.607.50
Pakistan3.333.12-1.713.284.294.225.477.764.024.522.930.74-1.45
Sri Lanka0.31-13.175.222.555.845.813.834.795.786.967.10
Angola-60.7817.80-7.35-9.888.7612.6112.3821.14-4.92-5.55-5.840.098.03-13.993.28
Benin3.604.201.47-2.473.845.604.274.587.336.057.113.564.56
Botswana1.481.150.233.51-1.477.758.53-0.554.07-4.129.786.445.861.31-2.86-7.36
Burkina Faso4.941.29-1.39-0.747.586.007.552.625.025.635.74-0.026.42
Burundi6.00-16.68-0.333.554.490.026.669.84-4.9413.143.0018.1613.575.884.00-5.54
केप वर्दे10.326.879.168.9711.018.657.808.097.158.397.807.610.08
Comoros17.2310.658.687.235.978.609.5811.088.6410.068.516.047.377.812.73
Côte d'Ivoire5.763.54-0.435.472.340.890.366.556.25
Democratic Republic of the Congo29.5826.3321.2416.1517.5220.7714.08-15.69-4.7719.6821.237.23
Ethiopia2.641.30-2.62
Guinea3.3112.30
Guinea Bissau4.322.09-7.705.946.285.49-6.20-0.76-0.75
Kenya7.3315.337.6112.534.539.319.298.256.2710.125.668.497.836.717.435.97
Lesotho7.5210.175.475.590.927.77-0.33-3.240.3311.0110.28-0.358.801.128.064.56
Liberia16.467.262.555.318.3812.5813.546.1916.29
Madagascar12.4613.726.3532.4638.1548.0350.7649.9147.1546.8452.4443.4839.8842.7139.0537.39
Malawi9.3417.3120.1811.158.5612.4914.9319.2820.5119.8025.3424.6516.6613.9013.252.84
Mali1.100.72-6.170.414.604.022.213.893.14
Mauritania7.1718.087.42-4.37-0.4716.4711.9732.7722.895.2115.18
Mauritius6.7116.7916.447.665.586.054.196.207.005.976.756.718.964.543.60-2.04
Mozambique6.6511.318.0116.3713.2212.4013.567.298.0418.4118.4913.6413.4813.0212.91
Namibia3.594.755.784.73-2.344.080.435.261.740.105.478.873.094.791.73
Niger2.031.581.24-0.265.685.772.843.444.75
Nigeria-29.2717.47-1.14-1.591.075.696.2211.2011.3613.606.695.796.064.525.371.230.92
Rwanda12.796.1913.398.8411.4414.2511.9616.7711.688.3517.7013.759.0213.090.31
Sao Tome and Principe10.1620.4813.6718.5017.4717.7317.9911.7114.9210.067.018.7512.67
Senegal2.223.451.351.714.056.964.044.304.51
Seychelles8.729.379.2715.1310.021.586.294.9411.7812.587.3810.0912.9914.0310.2114.20
Sierra Leone10.36-10.6122.246.833.253.168.0012.7217.31-0.769.796.151.719.536.3311.40-4.80
South Africa3.324.814.874.763.493.283.882.513.573.673.284.655.865.272.330.513.85
South Sudan-23.54-16.8161.88-3.32-33.01-77.56-27.29-25.1014.55-8.15-49.96
इस्वातिनी-12.18-9.053.826.353.470.001.851.383.312.818.077.288.264.588.57-0.27
United Republic of Tanzania12.368.334.672.464.595.659.667.917.9014.7113.9914.369.64
Gambia12.9821.3129.5920.2122.4023.2620.8322.1324.1319.6820.4725.2610.81
Togo2.725.212.373.233.544.842.893.786.08
Uganda-3.9610.6221.7713.7611.3721.4919.0115.6816.5518.2315.8914.75
Zambia-34.544.669.916.116.954.82-0.195.826.181.722.072.222.47-3.75
Zimbabwe6.431.538.798.145.003.74-64.38-64.30-81.13-31.80-36.42